3018 W 67th Street
Los Angeles, CA, 90043
$6,250,000
Beds
0 Baths
SqFt
0.7 Acres
Add
We are pleased to introduce 3018 W 67th Street. The property consists of an attractive mix of 2 three bedroom + two bath, 23 two bedroom + one bath and 10 one bedroom + one bath units with enormous floor plans. Recent renovations to the property include soft-story retrofit completion and a newer roof. The property’s rental marketability benefits from its close proximity to SoFi Stadium, Intuit Dome and the KIA Forum. The economics of the offering show immediate returns at the current income level. However, with market rents continuing in an upward trend, an aggressive management approach may realize a significant upside in rental income over the holding period. South Los Angeles is one of the most resilient markets in the region with historically low vacancy rates and consistent rent growth over the same period. Section 8 vouchers are currently at $3,528 for 3-bedroom units, $2,748 for 2-bedroom units and $2,172 for 1-bedroom units.

Property Details

Price:
$6,250,000
MLS #:
25487151
Status:
Active
Baths:
0
Address:
3018 W 67th Street
Type:
Residential Income
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
Jan 21, 2025
State:
CA
ZIP:
90043
Lot Size:
30,388 sqft / 0.70 acres (approx)
Year Built:
1963
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Heating
Wall Furnace

Exterior

Parking Features
Assigned
Parking Spots
35.00
Stories Total
3

Financial

Tenant Pays
Electricity, Gas

Map

Community

Similar Listings Nearby

3018 W 67th Street
Los Angeles, CA